It is involved in structuring the country's first blue loan, linked to the refinancing of the Mundaring water treatment plant in Western Australia
BBVA recently announced its participation as co-leader in the first blue loan in Australia, a transaction aimed at financing projects that contribute to the protection and responsible management of water resources. This operation reflects the growing interest in the Australian market for financial instruments linked to sustainability and reinforces the bank's presence in the Asia-Pacific region, where it has increased its activity in green and blue finance in recent years.
The loan, structured in conjunction with other international financial institutions, will allow the Helena Water consortium, in which our patron Acciona Agua participates, to advance initiatives related to water efficiency, reducing environmental impact, and improving water infrastructure. BBVA emphasizes that these types of instruments are becoming key tools for channeling investment toward strategic sectors in the ecological transition, especially in countries vulnerable to extreme weather events, such as Australia.
Seth Munday, Managing Director responsible for Project Finance Asia Pacific at BBVA, stated: “We are pleased to support Helena Water in structuring this blue loan, which highlights the relevance of sustainable finance for a wide range of infrastructure assets, as well as the specific considerations involved, such as the protection and efficient management of scarce water resources.”
This transaction underscores the growing role of innovative financing structures in driving resilient water infrastructure and reflects the progress of blue finance, an area in which institutions like BBVA continue to expand their capabilities globally.
Read the news on the BBVA website
